Lemonade Stand Part II (Informal Business Report) DeVry University BUSN115 Introduction to Business and Technology Lemonade Stand Informal Business Report INTRODUCTION Lottie's Lemonade started with the intentions of providing quality lemonade at a reasonable price and to make certain that every customer felt like they were a part of our family every time they visited. The expectation for my team has been to provide a family friendly atmosphere and service with a smile. In my opinion, we
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communicating and delivering on your brand messages”, (http://www.entrepreneur.com/encyclopedia/branding). It’s all in the name. Mission Statement Our mission is to yield the best lemonade at the most affordable price to the Ohio Valley. We dispense only the best quality lemonade possible, and provide a large variety of lemonades, to always keep your taste buds coming back for more. So, come on and wet your whistle. A mission statement is a concise description of why a business exists (Bovee, C
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The creative name I have chosen for my lemonade stand is Tasty Lemons. The name of your business is important because it is the first impression for all of your customers. A good name will stick inside the minds of customers allowing your company to stand out from the competition. Mission Statement: Our goal is to provide our customers with the absolute freshest lemons possible to give them the best lemonade on the market. A mission statement is important to a company because it gives information
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DAMM Good! Lemonade Stand (DGLS) Accounting Summary Report – Season One Bus 599 - Introduction to Quantitative Principles 12 September 2010 Background The enclosed DAMM Good! Lemonade stand (DGLs) accounting summary is a quantitative snapshot of financial transactions that have occurred during the first season of operation of DGLs. This accounting summary report has two aspects: to generate common accepted financial statements that reflect the health of the business and to provide concise
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Misty Baker Lemonade Stand While playing the game I learned a lot of new things about what can impact the supply and demand of products. I had to run a lemonade stand for thirty days making sure to keep the supplies needed to make the lemonade equal to the amount of lemonade I thought I would sell for the day. At first when I started out I didn’t take into consideration that certain aspects could have an impact on how much lemonade I would sell for the day. After playing for about
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factual quantative information on Lemonade Stand, sourced from financial statements, the business’ General Journal and financial data collected during Seasons One, Two and Three. The following economic summary report will consider how well Lemonade Stand’s business is performing by, among other things, deducting the stand’s capital costs from its profits. Through analysis of the previously stated quantiative information, the company will be able to measure how well the stand is using capital to build economic
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Lemonade Stand: Part 2 Your Name Course Name Professor’s Name Date Lemonade Stand: Part 2 The company, John’s Lemons, is a lemonade stand engaged in the beverages business. Specifically, the company’s products are lemonades made up of lemon, sugar, water, and ice. Lemonades are popular drinks during the summer as it helps quench thirst because of the hot weather. Considering the low initial cost of putting up a lemonade business, there is substantial competition making it a highly competitive
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Submitted 2015 Contents Phase 1: Choosing a name 3 Phase 2: Mission Statement 4 Phase 3: CSR Plan 5 Phase 4: Pricing strategy 6 Phase 5: Expansion 7 Bibliography 8 Phase 1: Choosing a name My concept is simple to provide delicious lemonade to my customers. I wanted my clients to relate the product to the simplest form of nature. When creating the name I aimed for a target our customers could relate to because of its unique simplicity. I needed a name that would roll right off the
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income. At Magic Lemonade Stand, the earned income for the first season was $206.75. The operating expenses for inventories $4.77 and equipment $11.50 for a total operating expenses of $79.58. The Net income was $127.17. The statement of owner's equity is a summary concerning changes that occur in an owner's equity over a certain period of time. The statement of owner's equity lists the net income and the deductions for that period. The capital for the beginning of Magic Southern Lemonade was $40 and
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